Global Healthcare Cold Chain Logistics Market Report 2023: Expanding Pharmaceutical Industry Drives Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Healthcare Cold Chain Logistics Market Report & Forecast" report has been added to ResearchAndMarkets.com's offering.

The global healthcare cold chain logistics market size reached US$ 17.1 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 20.9 Billion by 2028, exhibiting a CAGR of 3.4% during 2022-2028.

Companies Mentioned

• Amerisource Bergen Corporation (World Courier)
• Deutsche Post DHL Group
• FedEx Corporation Services Inc.
• United Parcel Service of America Inc.
• Kuehne + Nagel International AG
• Cavalier Logistics Inc.
• DB Schenker
• Life ConEx
• American Airlines Cargo
• Continental Group
• Marken Ltd.

Healthcare cold chain logistics is a system allowing temperature-controlled packaging, storage, and transportation of temperature-sensitive products. It relies on cold insulated transport vehicles, such as refrigerated trucks, railcars, freight, and air cargo, to preserve the efficacy and increase the shelf life of various vaccines, medicines, biopharmaceuticals, and samples.

It provides reliable information to pharmaceutical companies about the products when communicating with regulatory agencies and reduces losses from damaged biomedical products.

At present, there is a rise in the utilization of healthcare cold chain logistics to preserve healthcare products across the globe. This, along with the expanding pharmaceutical industry, represents one of the key factors driving the market. Moreover, there is an increase in the need for proper storage and transportation of drugs in the healthcare sector without reducing the efficiency of drugs.

This, coupled with several benefits provided by healthcare cold chain logistics, such as seamless integration of activities during transportation and delivery, is propelling the growth of the market. In addition, the escalating demand for biopharmaceuticals, vaccines, and clinical trial materials due to the growing prevalence of numerous diseases are positively influencing the market.

Besides this, governments of several countries are implementing stringent regulations for the efficient handling of temperature-sensitive pharma products around the world. In line with this, the rising reliance on healthcare cold chain logistics to store vaccines under controlled temperatures for vaccination drives is bolstering the market growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global healthcare cold chain logistics market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product and segment.

Breakup by Product:

• Clinical Trial Materials
• Vaccines
• Biopharmaceuticals

Vaccines exhibit a clear dominance in the market owing to the growing mass immunization programs worldwide.

Breakup by Segment:

• Transportation
• Packaging
• Instrumentation

Presently, packaging dominates the market due to the rising number of available designs and technological advancements, which are enabling the transportation of temperature-sensitive materials.

Key Questions Answered in This Report

1. What was the size of the global healthcare cold chain logistics market in 2022?

2. What is the expected growth rate of the global healthcare cold chain logistics market during 2023-2028?

3. What are the key factors driving the global healthcare cold chain logistics market?

4. What has been the impact of COVID-19 on the global healthcare cold chain logistics market?

5. What is the breakup of the global healthcare cold chain logistics market based on the product?

6. What is the breakup of the global healthcare cold chain logistics market based on the segment?

7. What are the key regions in the global healthcare cold chain logistics market?

8. Who are the key players/companies in the global healthcare cold chain logistics market?

For more information about this report visit https://www.researchandmarkets.com/r/ry1fha

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